In the Pipeline: Banner Health Opens New Clinic; Providers Prep for Groundbreakings

Opened Banner Health opens new Colorado unit Phoenix-based health care nonprofit Banner Health has opened a new behavioral health unit in Loveland, Colorado, in the northern part of the state. The 17-bed outpatient facility, which serves adults ages 55 and older, is located at McKee Medical Center on the hospital’s second floor. McKee is also […]

UHS Behavioral Health President ‘Willing to Lead Differently,’ Set New Collaboration Standard

As 2020 kicks off, so does the beginning of Matt Peterson’s first full calendar year with Universal Health Services (NYSE: UHS). Peterson joined the hospital management behemoth last September, when he was named president of the company’s behavioral health division and executive vice president of UHS as a whole. With a background in finance, managed […]

Boulder Care Announces $10.5M in Series A Funding

Boulder Care, a digital startup that coordinates treatment services for individuals struggling with opioid use disorder (OUD), has announced $10.5 million in Series A funding. In a blog post last week on Medium, Boulder co-founder and CEO Stephanie Papes announced the funding and that the company has enlisted Greycroft Partners and Tusk Ventures to provide […]

Snapchat Announces New Mental Health Tool, Considers Partnerships with Providers

Social media platform Snapchat, which allows users to send videos and photos that disappear shortly after they’re opened, will soon roll out a new mental health feature. While many details surrounding the feature, called Here For You, remain fuzzy, the tool could create new opportunities for behavioral health providers, a spokesperson for the platform’s parent […]

New Educational Initiative Aims to Boost Psychiatric Care Workforce

The demand for behavioral health services nationwide these days is strong, with more than half of Americans seeking assistance for themselves or loved ones. However, the supply of clinicians is not keeping up with the demand for services. In California, where a shortage of behavioral health care workers has made national news in recent years, […]

Headspace Raises $93M to Tackle Chronic Conditions, Fuel Expansion

Headspace has raised $93 million in Series C funding, the company announced Wednesday. That breaks down to $53 million in equity from investors and $40 million in debt financing from Pacific Western Bank. In total, the Santa Monica, California-based mindfulness and meditation company has raised $168.2 million in its decade-long lifetime, according to the fundraising […]

Transactions & Financings: Mystery Provider Signs Lease on New Headquarters; Autism Acquisitions

Acorn Health acquires Autism University Autism Services of Michigan (ACM), an Acorn Health company based in Traverse City, is joining forces with another Wolverine State provider, Macomb-based Autism University. Under the deal, Autism University will become a wholly-owned subsidiary of Acorn Health. Financial terms were not disclosed. Acorn Health operates five autism services companies specializing […]

Medication-Assisted Treatment Provider Shortage Hitting Rural Areas Hardest

Providers might have an easier time than in years past when it comes to getting approval to offer medication-assisted treatment (MAT) to individuals dealing with opioid addiction. Nonetheless, geographical barriers remain a significant impediment to those services being dispensed on a wider scale, especially in rural communities. These are the findings of a new report […]

In the Pipeline: New Mental Health VA Clinic; Detox Center Gets Green Light

Opened Eleanor Health opens new North Carolina center Waltham, Massachusetts-based Eleanor Health, a provider of addiction treatment services for opioids and other substances, recently opened its fourth North Carolina location in Hickory. The new location will provide services both at its outpatient facility and in patients’ homes. Six more Eleanor locations are planned in North […]

Behavioral Health Provider Saves Over $9.2 Million With Jail Diversion Program

An innovative mental health-focused jail diversion program is saving one county millions of dollars and garnering national attention. The Harris Center for Mental Health and IDD is the community behavioral health provider leading the charge. “This is targeted toward those individuals that have a history of mental health issues [whose nonviolent] crimes somehow had a […]